Medical Staffing And Home Healthcare For Sale
Location Virginia,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $5427462
Net Profit / Cash Flow $590991
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 20 - 34
Inventory 430000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Franchisor will provide
Reason for Sale Wishes to downsize
Description This franchise territory in southern Virginia is part of a well established leading home care and medical staffing company. The services provided include home nursing care, senior care and pediatric nursing plus physical, occupational, speech therapy and also hospice care. Approximately 40% of the revenue which comes from the two locations within this region comes from Medicare and Medicaid. The rest comes from third party insurance and private pay clients. With cost cutting on the radar of government agencies, more care like those offered by this organization will be promoted because it is less expensive to have home care than to have people in institutional settings. In addition, the number of seniors is expanding and many will be needing this type of care in the near future. Therefore this business has good growth prospects.
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